Check out the companies making headlines before the bell. Microsoft — The tech giant jumped nearly 9% after beating Wall Street’s earnings and revenue expectations driven by its Azure cloud business. Microsoft issued strong guidance for the year. Meta Platforms — Shares popped 6% after the social media company reported first-quarter earnings of $6.43 on revenue of $42.31 billion. This beat analysts’ expectations of $5.28 per share on $41.40 billion in revenue, according to LSEG. On reports that Meta would be boosting its AI spending, other semiconductor stocks such as Nvidia, Marvell Technology, Broadcom and Advanced Micro Devices rose in unison. Qualcomm — Shares slipped 5% after the chipmaker forecast revenue for its current quarter that was slightly below expectations . The stock fell despite Qualcomm posting a fiscal-second quarter earnings and revenue beat, and its chip sales showing strong year-over-year growth. Align Technology — The orthodontics manufacturer climbed 8% after posting first-quarter adjusted earnings and revenue that topped FactSet consensus. Align also guided for full-year revenue growth of between 3.5% to 5.5%, which exceeded the 2.4% analysts had penciled in. CVS Health — The pharmacy retailer climbed 8% after reporting first-quarter adjusted earnings of $2.25 per share, which exceeded the $1.70 per share analysts polled by LSEG had expected. The company’s $94.59 billion revenue also topped the expe …
